The Gloucester County real estate market in New Jersey experienced measured conditions throughout June, with communities like Washington Township, Deptford, and Pitman showing varied activity levels. Market participants navigated shifting seasonal dynamics across the county’s diverse neighborhoods.
View Full Gloucester County Market Report (PDF)
What June Meant for Buyers in Gloucester County
Buyers faced a more cautious market environment in June, with 317 closed sales down 6.5% from last year’s 339 transactions. This decline was particularly evident in communities like Woodbury and Monroe Township, where buyer activity slowed compared to the spring rush.
Home values continued climbing with the median price reaching $375,000, representing a solid 3.9% increase from June 2024’s $361,000. Market timing slightly favored buyers as properties spent 14 days on market versus 12 days last year. Competition remained significant with 52.7% of homes selling over list price, though down from last year’s 61.7%.
Seller Highlights from June in Gloucester County
Sellers found steady demand despite the transaction decline, especially in popular areas like Mantua Township and Glassboro. The month showed resilience with only a modest 3.9% decrease from May’s 330 sales, suggesting underlying market stability.
New listings fell sharply by 34.6% year-over-year to 358 properties, creating favorable supply conditions for sellers across neighborhoods like Woolwich Township and Harrison Township. Active inventory rose 13.7% to 662 homes on average, providing reasonable selection while maintaining competitive pricing dynamics.
Key Takeaways:
- Closed sales declined 6.5% to 317 homes, reflecting more selective market conditions
- Median price growth of 3.9% to $375,000 shows continued steady appreciation
- Significantly fewer new listings created advantageous conditions for existing sellers
Related Market Reports:
Compare Gloucester County’s performance with other South Jersey markets:
- Burlington County Market Recap for June 2025
- Camden County Market Recap for June 2025
- Cumberland County Market Recap for June 2025
- Salem County Market Recap for June 2025
See how the market has evolved: Gloucester County Market Recap for May 2025
